Mortgage Rates Up But Still Affordable! (Chart)
![Are homes still affordable?](https://www.hallmarkabstractllc.com/wp/wp-content/uploads/2016/12/1-10.jpg)
In mid-October 2016 the average 30-year fixed mortgage rate was 3.64% and a 15-year fixed at 2.93%! Now, post-presidential election and based on the fixed income markets belief that the economy is going to improve thus spurring further rate increases by the Federal Reserve, 30-year fixed rate mortgages are on average 4.31% and 15-year fixed […]